General

United States President Joe Biden  says “little happens in Russia without the knowledge of Vladimir Putin”, in reaction to the reported death of Yevgeny Prigozhin, leader of the Wagner Group. Earlier, Russia’s agency for air transport said Prigozhin, leader of the private security outfit, was among the passengers of a flight that crashed […]

Tajudeen Abbas, speaker of the house of representatives, says the lower legislative chamber will amend the constitution to “possibly” increase the number of women in the parliament. Abbas spoke in Abuja on Wednesday at the international conference on women in governance organised by the National Institute for Legislative and Democratic Studies (NILDS).  […]

The Lagos house of assembly on Wednesday declined to confirm 17 out of 39 commissioner nominees recommended by Babajide Sanwo-Olu, governor of the state. On July 28, Sanwo-Olu sent the list containing names of 39 nominees being considered as commissioners and special advisers-designate in his cabinet. At the plenary on Wednesday, only […]

The naira, on Wednesday, depreciated by 0.35 percent to close at N773.4/$ at the investors and exporters (I&E) window. Data from FMDQ Securities Exchange, a platform that oversees foreign exchange (FX) trading in Nigeria, showed that the local currency opened with an exchange rate of N781.49 to the dollar and sold for an […]

James Heappey, the United Kingdom’s minister of state for the armed forces, has applauded the efforts by the Economic Community of West African States (ECOWAS) to restore democratic rule in Niger Republic. Heappey spoke on Wednesday after a meeting with the ministers of defence and military chiefs in Nigeria to discuss the political […]

The Nigerian Exchange Limited (NGX) has disclosed its proposal to allow companies list bonds denominated in dollars on the bourse. Temi Popoola, chief executive officer of NGX, spokes during a recent interview with Bloomberg. He said the exchange is also contemplating extending the opportunity to include dollar-denominated stock listings. “Our primary […]

Yevgeny Prigozhin, leader of the Wagner Group, a private army in Russia, has reportedly died in a plane crash in the country. Nine other people reported to be on board the aircraft are also part of the casualties. According to TASS, Russian state-owned news media, the country’s agency for air transport […]

The Lagos house of assembly on Wednesday declined the confirmation of 17 nominees recommended by Babajide Sanwo-Olu, governor of the state, for commissioners and special advisers. The state lawmakers at the plenary confirmed 22 out of the 39 nominees. In July, Sanwo-Olu sent the list containing names of 39 nominees as commissioners […]

Godwin Emefiele, suspended governor of the Central Bank of Nigeria (CBN), is seeking a plea bargain in the criminal suit filed against him by the federal government, TheCable understands. The suspended CBN governor is facing a 20-count charge over an alleged conspiracy to carry out procurement fraud, among others. He was charged […]

The Nigerian Electricity Regulatory Commission (NERC) has asked prepaid meter users to update their meters before November next year. NERC announced the development via its X handle (formerly known as Twitter) on Tuesday. The commission said prepaid meter users might face difficulties in recharging their meters after November 2024 if the required […]